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Cryptocurrencies Price Prediction: Shiba, NFTs & Bitcoin – American Wrap 21 April

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ECB fires up cryptocurrencies

Bitcoin price, Ethereum and other cryptocurrencies are all using the window of opportunity this morning afforded by comments from the Vice-President of the ECB, de Guindos, that a July rate hike is in the cards. As a result the dollar index is dipping below 100 and is creating a gap to the upside in cryptocurrencies across the board. Expect to see a rally throughout the day and into the weekend as Macron is set to win the elections on Sunday, further weakening the dollar and translating into higher cryptocurrencies to come.

These are the rare NFTs that football superstar Neymar bought

Renowned football star Neymar Jr has purchased two Bored Ape Yacht Club NFTs for upwards of $1.1 million. The purchase of Bored Ape Yacht Club NFTs by a renowned football celebrity has fueled a bullish outlook among investors. 

SHIB could fake out traders once again before making more gains

Shiba Inu price choppy price action supports the idea of a triangle formation. Traders should keep an eye on the digital meme coin for profitable opportunities.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks
The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.